Most of the money goes to debt schemes, but equity allocations are rising
Zomato ends 9% down, slips below listing price; Supriya LifeScience tanks 18% on disappointing Q3 earnings; Adani Wilmar IPO to open on Jan 27; price band fixed at Rs 218-230 apiece
Heightened selling pressure in stocks where anchor contribution is high. Five of the 12 firms had allocated more than 10% of outstanding shares to anchor investors
Supriya Lifescience has a niche product portfolio of 38 APIs with focus primarily on diverse therapeutic areas.
The initial public offering (IPO) of Supriya Lifescience was subscribed 74x
The BSE Midcap index and Smallcap indices also finished with smart gains of 1 per cent and 1.5 per cent, respectively.
The IPO had received a strong response, which was subscribed 71.51 times on back of robust subscription of individual investors
It was a choppy trading session on Monday with indices recovered sharply from their day's lows. Year-end holidays across major markets and Omicron threat capped the gains. What's in store for Tuesday?
Surpiya Lifescience is likely to make a bumper debut on the stock exchanges, with GMP indicating a likely listing gain of 40-45 per cent for the stock
Supriya Lifesciences had priced its IPO between Rs 265 and Rs 274 per share
Oil prices fall up to 5% as demand concerns weigh; Centre bans futures trade in seven agri commodities; Singapore index steals a march over NSE in Nifty futures volumes in 2021
Growth prospects and scope for margin expansion are other triggers, say brokerages
Bajaj twins can slide another 10% from current levels; Supriya Lifescience IPO fully subscribed within hours of opening